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Jan 17, 2013
01/13
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KICU
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the state took in $600 million less than estimated in tax revenue. but california didn't come away empty handed. it's still expected to take in $1.6 billion from taxes on the sale of facebook stock. >>> organizers say the maverick surf contest is on. they will be facing what could be monster waves. if you want to watch, you'll have to keep your distance. >> reporter: the surf was low today at pillar point, but these waves are expected to grow to monsters by this weekend. fed by a pacific storm, and a strong swell. jeff clark, maverick's invitational contest director says the waves are near perfect. paddle surfer denten chase says although the water seems calm today, the surf here can change quickly to produce world class waves. >> a certain size threshold. i wouldn't go out when it's really big, but i will go out in some size, yeah, and even watch from the shoulder sometimes. >> reporter: the contest was last held in 2010. big waves swept into the spectator area, seriously injurying several people. this year, the crowds will be kept off the beach and
the state took in $600 million less than estimated in tax revenue. but california didn't come away empty handed. it's still expected to take in $1.6 billion from taxes on the sale of facebook stock. >>> organizers say the maverick surf contest is on. they will be facing what could be monster waves. if you want to watch, you'll have to keep your distance. >> reporter: the surf was low today at pillar point, but these waves are expected to grow to monsters by this weekend. fed by a...
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Jan 16, 2013
01/13
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CSPAN2
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does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they will be paying more tax than they did in each year of the last labour government. >> thank you, mr. speaker. but isn't the real danger that with a government changes in tax and benefits in wales, you will see in particular in the community with the vast majority of people work of those people will have less money in their pockets? they will have less money to spend in local shops? there will be more shops closing. there will be fewer people in jobs and it will be a double whammy for the welsh economy? >> if he wants to be taken seriously with having a mess about deficit reduction, he knows you cannot begin to t
does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they...
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the exciting thing about a financial transaction tax or robin hood tax is the actually big gain changer for the financial sector it would it would make short termism an awful lot more expensive than a long term investment and therefore it would shift the financial sector away from being something that the rest of us service and it would actually restore the old idea of the finance sector that its job was to support the real economy rather than the other way round so in many ways you know the chief several objectives at once and that's one of the reasons why we support it so it's basically air attacks on large financial transactions is it retribution for the bankers it's not retribution but it is about making sure that the finance sector that cause so much damage to the world economy and actually put something back actually helps to to restore the situation because over the last few years we've actually seen an awful lot of people around the world suffering as a result of the actions of the finance sector with the possible exception of the people at the very top of the finance sector who
the exciting thing about a financial transaction tax or robin hood tax is the actually big gain changer for the financial sector it would it would make short termism an awful lot more expensive than a long term investment and therefore it would shift the financial sector away from being something that the rest of us service and it would actually restore the old idea of the finance sector that its job was to support the real economy rather than the other way round so in many ways you know the...
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Jan 14, 2013
01/13
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CSPAN
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of course, he will know that in april every working family will see a £220 tax cut as we lift the tax threshold yet further -- everyone will benefit from that. in our view, what we should be doing is cutting people's taxes, rather than taking more in taxes and recycling them through the massive tax credits business. that is what we believe on the government benches, and that is what will work for working families. >> is it not a clear example of how out of touch the prime minister is that while the overwhelming majority of the public want to maintain the ban on fox and stag hunting, he actually plans to repeal it? will he tell us why? >> as i explained before christmas, i have never broken the law and the only little red pests i pursue these days are in this house. >> does the prime minister accept that under this government -- >> order. i am sure the house wishes to hear the words of mr andrew selous. >> does the prime minister accept that we have brought in an 11% rise to the child element of tax credits, followed by a 5% rise, and that our recent rises build on them, meaning a cash
of course, he will know that in april every working family will see a £220 tax cut as we lift the tax threshold yet further -- everyone will benefit from that. in our view, what we should be doing is cutting people's taxes, rather than taking more in taxes and recycling them through the massive tax credits business. that is what we believe on the government benches, and that is what will work for working families. >> is it not a clear example of how out of touch the prime minister is...
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Jan 21, 2013
01/13
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CSPAN
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that is what we've done with child tax credit and it's the record we should support. >> thank you, mr. speaker. the residents enjoy burgers but also love horses. this morning they will be shocked -- shocked to hear that they might have been eating horses. i wonder if the prime minister can reassure us that he and the government are doing a lot to reassure us? >> i think the honorable lady raises a very important issue, raises a very important issue. and it's an extremely serious issue. people in our country will have been very concerned to read this morning that when they thought of buying beef burgers they were buying something that had horse meat in it. that is extremely disturbing news. i've asked the agency to conduct an urgent investigation into this. they have made clear that there is no risk to public safety because there's no food safety risk. but this is a completely unacceptable state of affairs. they will be meeting retailers and protesters this afternoon to they will investigate the supply chain. it is worth making the point that ultimately retailers have to be responsible
that is what we've done with child tax credit and it's the record we should support. >> thank you, mr. speaker. the residents enjoy burgers but also love horses. this morning they will be shocked -- shocked to hear that they might have been eating horses. i wonder if the prime minister can reassure us that he and the government are doing a lot to reassure us? >> i think the honorable lady raises a very important issue, raises a very important issue. and it's an extremely serious...
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Jan 13, 2013
01/13
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FBC
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 13, 2013
01/13
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KRCB
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, what he calls aair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000 euros a month for three years. then he too has the gold makes the rules after all. >> he was always part of the system. it is not as if he fell from the sky with his pockets full. he took full advantage of the political system in austria for many yea. he hadhe former chancellor on his supervisory board, and he had former general secretaries and a finance minister. he made the whole system work for him, and he made a good business out of it. >> it seems to have paid off. according to surveys, his party could make in 13% of the vote in
, what he calls aair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000...
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Jan 17, 2013
01/13
by
LINKTV
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, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000 euros a month for three years. then he too has the gold makes the rules after all. >> he was always part of the system. it is not as if he fell from the sky with his pockets full. he took full advantage of the political system in austria for many years. he had the former chancellor on his supervisory board, and he had former general secretaries and a finance minister. he made the whole system work for him, and he made a good business out of it. >> it seems to have paid off. according to surveys, his party could make in 13% of the vot
, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000...
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self-imposed out costs from society i will cut myself am i going to tax my brother understand my one time imaging of. going to eventually attack the cops of my anger and my frustration. that upgrade into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches and then it legitimizes the violence they are made in america on the oxy. download the official location to yourself choose your language stream quality and enjoy your favorite. if you're away from your television or it just doesn't matter now with your mobile device you can watch our t.v. any time anyway.
self-imposed out costs from society i will cut myself am i going to tax my brother understand my one time imaging of. going to eventually attack the cops of my anger and my frustration. that upgrade into the dome. two of the most violent gangs in us history. is just all model kill or be killed with the colors matching the national flag. but this country uses violence when it reaches and then it legitimizes the violence they are made in america on the oxy. download the official location to...
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Jan 18, 2013
01/13
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FOXNEWSW
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. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped those two and others from illegally claiming 2.5 billi 2.5 billion in last refunds last year. they are stepping up enforcement but says more needs to be done. $35 million slipped through the cracks and so the irs says it's very successful at detecting and stopping in incorrect refunds when prisoner data is available it adds there are significant challenges getting complete and consistent data from the multiple jurisdictions involved. still the agency says if committed to enhancing the process is to further minimize prisoner refund fraud. >> it is now 44 after the top o
. >> tax fraud appears to be a popular past time in u.n. prisons. a new report by treasurer's department says the irs detected more than 173,000 fraudulent tax returns from inmates last year. that's more than twice the number detected in 2010. some inmates steel identity from obituaries some even use their own but fudge the numbers to try to get much bigger tax refunds they deserve. in 2012 two inmates alone tried to claim more than $1 billion. the good news is the irs says it stopped...
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Jan 16, 2013
01/13
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FOXNEWSW
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>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming with a top hat made of baby seal. the liberals have a communications degree with their mom's credit card. how do you tell the difference between the two? >> why would they admit it? they have to pay more and their dollar is going to the heritage foundation. >> it is because of this guy who is very hard for conservatives to have smoothy shops in eastern utah. >> the problem is now every conservative will have a hard time getting a cup of coffee. all coffee shops are liberal comme's. >> starbucks will retaliate. >> here is how we can identify people. if you voted for obama keep the bumper sticker on of
>> paul, what is weirder, the tax itself or that a conservative owns a smoothy shop? >> is he stirring the drink with a barrel of a gun? first of all, how are there -- are there -- there are no liberals in utah. he made three sales so far? >> some people have been complaining. they come in and leave messages on the website. this is is a disgrace. there are liberals in utah and they are very liberal. >> i am curious how he can differentiate. the conservative one is coming...
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Jan 17, 2013
01/13
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WBFF
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new - taxes...// but... john rrdell says... that... ... is... rosy... "this budget will support 43,000 jobb throughoot our state."governor o'malley cclls his fiscal 20-14 budget...fiscally responsible. he says...after several yyarss of huge deffcits...maryllnd's economic pictuue is brightee. its longterm structural deficit...has nearlybeen - cuuhionn he bloo...from the &plingering stalmate inn congress...over raising the debt ceiling.(governor) "i we've made in termm of thee rainy day fund and he cash coming out o capitol hill." & but henna repooter asked... the governor aaoutthe possibility of increaaing was his reepy.(governor) "i'' not alkkig bout thatttoday but i donnt blame you for asking abouttit."(rrdell) "but as lawmakerssbegin to analyze this huge perating budget, 3 traasportatiin funding and -whether the governor will & eventually in either the ales taxxor the asollnn tax." (szeliga) "and it's billions and billions of dolllrs thht has no funning source and theee is no money in the 3 republicanss..who say most.... marylanders cannot afforddto p
new - taxes...// but... john rrdell says... that... ... is... rosy... "this budget will support 43,000 jobb throughoot our state."governor o'malley cclls his fiscal 20-14 budget...fiscally responsible. he says...after several yyarss of huge deffcits...maryllnd's economic pictuue is brightee. its longterm structural deficit...has nearlybeen - cuuhionn he bloo...from the &plingering stalmate inn congress...over raising the debt ceiling.(governor) "i we've made in termm of thee...
SFGTV: San Francisco Government Television
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Jan 15, 2013
01/13
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SFGTV
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it will tax the recreation industry like tomatoes and the money will go to the social infrastructure. we will go nationwide with this. plan ongoing worldwide with this. we will end the war on cannabis. using a medicine that comes from god, genesis 2:9, crack open your bibles. san francisco is a city of love. congratulations. it is the interest of my life work since 1976. god bless you all. >> next speaker. >> president chiu, supervisors, elected officials and public. i stand to be in a great deal of excitement because within our african-american tradition we are celebrating the 150th anniversary of the emancipation proclamation. i congratulate those who have been elected on this most auspicious occasion. i want to say that i think it is very good that supervisor cohen was selected as the person to be president. and i want to offer my own support of that cause. supervisor breed, you stated something about doctor king. i thought i might leave this quote with you. for doctor king said, "change does not roll in on the wheels of ineligibility, but comes through continuous struggle. men can
it will tax the recreation industry like tomatoes and the money will go to the social infrastructure. we will go nationwide with this. plan ongoing worldwide with this. we will end the war on cannabis. using a medicine that comes from god, genesis 2:9, crack open your bibles. san francisco is a city of love. congratulations. it is the interest of my life work since 1976. god bless you all. >> next speaker. >> president chiu, supervisors, elected officials and public. i stand to be...
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Jan 16, 2013
01/13
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CNBC
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. >> you want to go for more tax increases after the tax increases that went through on the fiscal cliff? >> i think closing loopholes, i think there has to be revenue enhancement and closing loopholes, already raised the tax rates, but there's got to be some spending cuts to go along with it. i'm not going to give away the store unless we get something in return. >> you did that already. did you that already at the end of the year? >> i'm not in congress thankfully. i'm running a very fiscally prudent state that's well managed and lives within its means and saves money for a rainy day and is growing the economy to produce more growth money by expanding a healthy economy. washington would do a lot to listen and watch what we're doing in utah because we're doing it right. >> you sure r.governor, thanks very much. appreciate your time today. >> thank you. >> we'll see you soon, governor. thank you. >> headed towards close, sort of meandering here, and much of the decline for the dow, down 32 points, the result of boeing's decline today which we'll be talking about. >> up next, jpmorgan ceo
. >> you want to go for more tax increases after the tax increases that went through on the fiscal cliff? >> i think closing loopholes, i think there has to be revenue enhancement and closing loopholes, already raised the tax rates, but there's got to be some spending cuts to go along with it. i'm not going to give away the store unless we get something in return. >> you did that already. did you that already at the end of the year? >> i'm not in congress thankfully. i'm...
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Jan 18, 2013
01/13
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LINKTV
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the list was intended to help greeks recoup tax revenue. it could reap political crisis instead. >> australia's most notorious outlaw and folk hero will finally get a funeral. that is 152 years after he died. his descendants held a memorial service on friday. his remains will be buried without his skull, which is believed to have been stolen. he was hanged in 1884 killing three policemen. he was buried in an unmarked prison grave. his remains were only identified two years ago. there has been a sharp rise in the number of murders in the mexican capital in the last few weeks. the government says it is part of normal trend. the others say the drug gangs have begun fighting for parts of mexico city. >> this is one of the most violent neighborhoods in mexico city. police are stopping vehicles to look for weapons and contraband. the surge in violence in mexico city has some business leaders openly questioning if that means the drug cartels are operating in fighting for turf in the capital. that is something the mayor of mexico city denies. he sa
the list was intended to help greeks recoup tax revenue. it could reap political crisis instead. >> australia's most notorious outlaw and folk hero will finally get a funeral. that is 152 years after he died. his descendants held a memorial service on friday. his remains will be buried without his skull, which is believed to have been stolen. he was hanged in 1884 killing three policemen. he was buried in an unmarked prison grave. his remains were only identified two years ago. there has...
WHUT (Howard University Television)
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Jan 21, 2013
01/13
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WHUT
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you may remember, early january, congress reached a last-minute deal to avoid automatic tax increases. that relief was only temporary. harsh spending cuts go into effect in march unless there is another deal. america will hit their borrowing limit at that time. congress cannot reach -- if congress cannot reach an agreement, consequences are severe. experts say that america faces a budget crisis like no other unless politicians can agree on those spending cuts and the increase in borrowing. >> he really is confronted with and will be preoccupied for the next several months with this huge fiscal problems in the united states. projections of deficits that are enormous and a clear disagreement between the president's and members of his party and the republicans in congress over what to do with it. >> let's talk about this shocking report that we have both been mentioning. the global economic downturn has hit women and girls the hardest. many households have coped with the economic pressure of the last few years by taking their children, their girls, of the school to help at home. the numb
you may remember, early january, congress reached a last-minute deal to avoid automatic tax increases. that relief was only temporary. harsh spending cuts go into effect in march unless there is another deal. america will hit their borrowing limit at that time. congress cannot reach -- if congress cannot reach an agreement, consequences are severe. experts say that america faces a budget crisis like no other unless politicians can agree on those spending cuts and the increase in borrowing....
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Jan 14, 2013
01/13
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LINKTV
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it is a tax-deductible charitable contribution. you know what the networks spent here it is a pittance of what we're asking for in comparison, bring you a daily grassroots investigative news hour. please keep hope alive. keep link tv
it is a tax-deductible charitable contribution. you know what the networks spent here it is a pittance of what we're asking for in comparison, bring you a daily grassroots investigative news hour. please keep hope alive. keep link tv
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Jan 16, 2013
01/13
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KTVU
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now city manager john wants lower requirement for tech companies that want tax breaks. right foul those employers only have to show they are trying to hire locals for some entry level jobs. >>> lance armstrong doping and deception could cost him millions of dollars. the u.s. postal service sponsored his team from 1990 to 2004. the government has rejected his offer to give back $5 million. armstrong's confession airs to tomorrow. but the world antidoping agency says it will take more than a tv interview. >>> the board of supervisors gave initial approval to a ban on smoking at fairs and festivals including the fillmore jazz festival. promotions would have to mention no smoking is allowed at though events. it would also require one no smoking sign and announcements every two hours at the event. the idea needs final approval when the board meets later this month. >>> time now 4:46. the number of people sent to emergency rooms because of energy drinks has doubled in the past four years. now most of the 20,000 people that sought medical attention were young adults. energy dr
now city manager john wants lower requirement for tech companies that want tax breaks. right foul those employers only have to show they are trying to hire locals for some entry level jobs. >>> lance armstrong doping and deception could cost him millions of dollars. the u.s. postal service sponsored his team from 1990 to 2004. the government has rejected his offer to give back $5 million. armstrong's confession airs to tomorrow. but the world antidoping agency says it will take more...
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Jan 18, 2013
01/13
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CNN
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the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea. but now that we have resolved the revenue issue, tax reform ought to be revenue neutral as it was back during the reagan administration. >> reporter: the president and congressional democrats disagree. >> but spending cuts must be balanced with more reforms to our tax code. the wealthiest individuals and the biggest corporations shouldn't be able to take advantage of loopholes and deductions that aren't available to most americans >> trust me, there are plenty things within that tax code, these loopholes, where people can park their money on some island offshore a
the tax fight for the middle-class comes from the end of the payroll tax cut, a temporary tax break that wasn't renewed in the fiscal cliff deal. >> the irs tax code is still a nightmare. it's too complex. too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than a trillion dollars a year in tax breaks, but republicans say reform isn't about squeezing more money out of...
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Jan 16, 2013
01/13
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FOXNEWSW
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eye 150
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. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in announcing their departures. more than 8,000 new york city school bus drivers on strike tonight. many students disabled had to find other ways to school this morning. job protection is the hang up. they put a contract with the private bus up for bid. it just got tougher to have your voice heard by the white house. taking gun control at schools for what you might consider a ridiculous extreme. grapevine explains next. >> bret: the white house quadrupleed the threshold on the signatures for the lead the people petition site. the new minimum, 100,000 signatures in 30 days. that is up from 25,000
. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in...
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Jan 16, 2013
01/13
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KNTV
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obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and guns-free zones for ours. >> that's the ad. what do you think? we want to know. tweet us @earlytodaynbc. >> chuck hagel of nebraska may be getting closer to winning confirmation as defense secretary. he won the backing of two of the senate's strongest supporters of israel, senator chuck schumer are of new york and senator barbara boxer will vote to approve hagel. but senator inhofe says he and hagel have philosophical differences. >>> boeing's newest passenger jet the 787 dreamliner has been grounded by japan's leading airlines. it made an emergency landing in western japan. a cockpit message showed cockpit problems. japan airlines and all nip upon airways suspended all their dreamliner flights today. the faa says it's monitoring the incidents as part of a comprehensive review that the agency began last night. once safety checks are complete the planes could be back in the air on thursday. >>> a big winter storm is wo
obama demands the wealthy pay their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and guns-free zones for ours. >> that's the ad. what do you think? we want to know. tweet us @earlytodaynbc. >> chuck hagel of nebraska may be getting closer to winning confirmation as defense secretary. he won the backing of two of the senate's strongest supporters of israel, senator chuck schumer are of new york and...
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Jan 21, 2013
01/13
by
FBC
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eye 143
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plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out there. take your medicine now and then we will get down to the business of cutting spending once we have this out of the way. instead, it has been quite the opposite. this was just the first up. the camel's nose in a tent. now there are many more higher taxes coming. are you sure that there are enough democrats out there that would stand in a way of this? because i don't know. >> well, we will see. you may be right that some of these democrats make all unite behind the schumer obama budget which calls for somewhere in the neighborhood of another trillion dollar tax increase. the point i was
plus, we had $520 billion of new taxes from obamacare. this would be the third tax increase. melissa: i really hope you're right because i feel their is a tide of higher taxes. its role in norway. it will keep all of us out to see no matter what our income bracket because it seems like before this last deal there was this notion that if republicans just gave in and went ahead with some higher taxes that then we could get down to the business of spending cuts. that was the idea that was out...
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Jan 16, 2013
01/13
by
FBC
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stuart: drop the personal income tax at the state level and they switch to a sales tax. that's what they are talking about doing. liz: it's being criticized because it's being considered regressive. stuart: but everybody pays. liz: i don't like the government of the state knows my income. that bothers me. charles: making exception for food groceries and also utilities. stuart: that's true. nebraska's governor joins us tomorrow on this program. he's going to talk about all this, 9:20 eastern is when we kick it off. the highlight reel is next. stuart: a program note. tomorrow charles payne sit in this chair. i am out, charles and in. here is a highlight reel. the new gum law
stuart: drop the personal income tax at the state level and they switch to a sales tax. that's what they are talking about doing. liz: it's being criticized because it's being considered regressive. stuart: but everybody pays. liz: i don't like the government of the state knows my income. that bothers me. charles: making exception for food groceries and also utilities. stuart: that's true. nebraska's governor joins us tomorrow on this program. he's going to talk about all this, 9:20 eastern is...
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Jan 19, 2013
01/13
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FOXNEWSW
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in terms of some of the specific proposals, dealing whether it's the job creation in manufacturing, tax reform, you know, lowering regulations, a lot of that has to do we're working with republicans and see how much the republicans are willing to sit down with the president to tackle some of the tough issues and we haven't seen much of that. >> you're right to point out there have not been recommendations from the jobs council, however we know that the jobs council mission expires at the end of the month. do you think the president should extend it and if so, what do you think of this group of business, academic and union leaders to develop for future job growth in america, to knock down that unemployment rate even more? >> kelly, i don't think that the president should extend it. >> why? >> our forefathers got it right. the recommendations, what have they done? my opponent is saying things, but still, we have 21 million people who are underemployed or unemployed. and i've talked about all of the czars and the political gestures made and our forefathers got it right and the congress is
in terms of some of the specific proposals, dealing whether it's the job creation in manufacturing, tax reform, you know, lowering regulations, a lot of that has to do we're working with republicans and see how much the republicans are willing to sit down with the president to tackle some of the tough issues and we haven't seen much of that. >> you're right to point out there have not been recommendations from the jobs council, however we know that the jobs council mission expires at the...
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Jan 16, 2013
01/13
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a consumption tax? a carbon tax? a value added tax? a gas tax, butat you consume. when you spend your money, you get taxed. that's a big revenue hog. >> megyn: it's a big number for a lot of americans, stu, thank you. >> sure. >> megyn: coming up, new details on a terrifying hour's long ordeal for a woman who found herself in a tight spot. trace is next on how crazy this scene came to be. stay with us. >> now a story about how a teen spirit is sidelined by flu fears in new york. the new york soccer club is banning hand shakes and high-fives for now anyway, and they didn't breathe on each other either, it's like, okay, kind of hard to stop, but all right. the president of the club happens to be an infectious disease specialist and she knows what she's talking about and says they're asking parents to keep sick kids at home. that's smart. and using the word epidemic here, already more than 19,000 confirmed cases of flu, compared to 4,000 last year and seems more and more people are complaining about getting it, even after their vaccinations. well, it makes for rivetin
a consumption tax? a carbon tax? a value added tax? a gas tax, butat you consume. when you spend your money, you get taxed. that's a big revenue hog. >> megyn: it's a big number for a lot of americans, stu, thank you. >> sure. >> megyn: coming up, new details on a terrifying hour's long ordeal for a woman who found herself in a tight spot. trace is next on how crazy this scene came to be. stay with us. >> now a story about how a teen spirit is sidelined by flu fears in...
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self imposed out costs from society i will cut myself am i going to tax. brother. to me. and my frustration. that. most. in u.s. history. is just all modeled. with matching the national flag. but this country uses. when it reaches its and it. made.
self imposed out costs from society i will cut myself am i going to tax. brother. to me. and my frustration. that. most. in u.s. history. is just all modeled. with matching the national flag. but this country uses. when it reaches its and it. made.
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Jan 17, 2013
01/13
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be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critical and had a right to be for prescription drug benefit. the argument ises that it would drive down the cost of those drugs. if anything they have soared since that benefit came in because the government cannot act as a source of even buying in bulk for cutting prices. >> that's exactly right. and in fact i'm also supportive of legislation that would allow medicare, just leak the veterans administration to negotiate with the manufacturers, the drug companies, for lower drug prices. and i guess the point is that there are -- >> it doesn't work. didn't work in the case of drug prescriptions. if you were to expand this to care, what -- >> no, no. >> what is the chance you would get more bang for the buck? >> here's
be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critical and had a right to be for prescription drug benefit. the argument ises that it would drive down the cost of...
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Jan 15, 2013
01/13
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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Jan 17, 2013
01/13
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the state took in $600 million less than estimated in tax revenue. but california didn't come away empty handed. it's still expected to take in $1.6 billion from taxes on the sale of facebook stock. >>> organizers say the maverick surf contest is on. they will be facing what could be monster waves. if you want to watch, you'll have to keep your distance. >> reporter: the surf was low today at pillar point, but these waves are expected to grow to monsters by this weekend. fed by a pacific storm, and a strong swell. jeff clark, maverick's invitational contest director says the waves are near perfect. paddle surfer denten chase says although the water seems calm today, the surf here can change quickly to produce world class waves. >> a certain size threshold. i wouldn't go out when it's really big, but i will go out in some size, yeah, and even watch from the shoulder sometimes. >> reporter: the contest was last held in 2010. big waves swept into the spectator area, seriously injurying several people. this year, the crowds will be kept off the beach and
the state took in $600 million less than estimated in tax revenue. but california didn't come away empty handed. it's still expected to take in $1.6 billion from taxes on the sale of facebook stock. >>> organizers say the maverick surf contest is on. they will be facing what could be monster waves. if you want to watch, you'll have to keep your distance. >> reporter: the surf was low today at pillar point, but these waves are expected to grow to monsters by this weekend. fed by a...
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Jan 16, 2013
01/13
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now if they make a deal on the debt deal that eliminates tax-free bonds being attacked, the tax-free bonds being attacked at the white house, then it changes as the markets are pricing in a risk that may happen. which means it doesn't happen, tax-free bonds are cheap. lori: bigger picture, we saw huge inflow of into the equity market last week. the data was shocking to a lot of people, are you seeing a rotation out of bounds because the rates have been low for so long? >> we had a massive inflow into bonds. early data would show there is a shift, but potential for a shift to stocks given the relative yields and the potential i think it's quite good, very large, i like it. lori: thank you for sharing your outlook on things. good to see you. >> thanks. tracy: i love how he said in glorious outcome, that invokes like jesus coming down to make it happen or something. lori: and i could be the next treasury secretary. tracy: and you do have nice penmanship. president obama signing 23 actions in the last hour urging out the time to act on gun violence in america. peter barnes at the white h
now if they make a deal on the debt deal that eliminates tax-free bonds being attacked, the tax-free bonds being attacked at the white house, then it changes as the markets are pricing in a risk that may happen. which means it doesn't happen, tax-free bonds are cheap. lori: bigger picture, we saw huge inflow of into the equity market last week. the data was shocking to a lot of people, are you seeing a rotation out of bounds because the rates have been low for so long? >> we had a massive...
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Jan 15, 2013
01/13
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CNBC
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than permanent tax cuts. so i think part of it will come out of savings, because people will have saved up, as it were, to prepare themselves for this. but not all of it. we are going to have slower consumer spending, i think, in the first half of the year. my point is, it's not going to be the consumer that's going to be driving things. and we are probably going to have a little bit of a pickup in hiring. we think payroll is going to be 175,000 a month. we had an encouraging pickup in wage increases in the december payroll data. that's not a blip. that's the beginning of a new trend. you are going to see better income numbers. i think when you get that december personal income number that's going to look fairly decent number on the wage side giving consumers some cushion to pay those higher payroll taxes. >> and if we should have a decline in inflation or oil prices or gas prices, that will help, as well. but, john, the question becomes, was what happened on the late in the evening on what was it, december 3
than permanent tax cuts. so i think part of it will come out of savings, because people will have saved up, as it were, to prepare themselves for this. but not all of it. we are going to have slower consumer spending, i think, in the first half of the year. my point is, it's not going to be the consumer that's going to be driving things. and we are probably going to have a little bit of a pickup in hiring. we think payroll is going to be 175,000 a month. we had an encouraging pickup in wage...
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Jan 14, 2013
01/13
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 17, 2013
01/13
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more from the fuel tax than the sales tax. our concept is to replace the 18.4 cents. for gas, it would be an 8.4 cent increase -- not increase, 8.4 cents rate on gasoline and 10.6% rate for diesel and we have set the rate at a point where it sustains the solvency of the highway trust fund. we are currently spending $15 billion more from the highway trust fund than receive news coming in and that's not sustainable. we are hearing conservative republicans in the house don't like to transfer money from the general fund to the highway trust fund. we are thinking what would they like better. and maybe if we have a system where we go back to the system that has been the case in transportation for 50 years where highway users pay their own way, sustain the solvency of the trust fund. here's the chart. we are talking about bringing in $52 billion rather than $37 billion the first year and then seeing it increase over time. so the consequence of this program is if you look at three different figures, what will it take to sustain highwa
more from the fuel tax than the sales tax. our concept is to replace the 18.4 cents. for gas, it would be an 8.4 cent increase -- not increase, 8.4 cents rate on gasoline and 10.6% rate for diesel and we have set the rate at a point where it sustains the solvency of the highway trust fund. we are currently spending $15 billion more from the highway trust fund than receive news coming in and that's not sustainable. we are hearing conservative republicans in the house don't like to transfer money...